TeraWatt Infrastructure
About TeraWatt Infrastructure
TeraWatt Infrastructure is a EV Infrastructure startup based in San Francisco, United States that has raised $1.4B in venture capital across 3 funding rounds since 2018. The company reached Debt Financing stage in August 2022 with a $100M round led by Keyframe Capital. TeraWatt Infrastructure's investor base includes 5 institutional funds, with Vision Ridge Partners leading the most recent equity round.
TeraWatt Infrastructure is an infrastructure platform that designs, develops, and operates purpose-built charging sites for autonomous and electric commercial fleets across the United States. The company owns and operates every layer of the charging stack — real estate, power systems, chargers, power management software, and operations — converting capital-intensive fleet infrastructure into streamlined operating expenses for fleet operators. TeraWatt operates the nation's largest network of purpose-built AV and commercial EV charging infrastructure, serving light, medium, and heavy-duty vehicle fleets.
TeraWatt Infrastructure Funding Rounds Timeline
3 rounds · $1.4B raised · since 2018
| Round | Date | Amount | Valuation | Lead investor | Co-investors |
|---|---|---|---|---|---|
| Seed | August 2022 | $100M | — | Keyframe Capital | Cyrus Capital Partners |
| Series A | September 2022 | $1B | — | Vision Ridge Partners | Keyframe Capital, Cyrus Capital Partners |
| Debt FinancingDebt | June 2026 | $300M | — | RBC Capital Markets | SMBC, UBS Investment Bank |
Investors in TeraWatt Infrastructure
5 institutional investors across 3 rounds
Lead investors
Co-investors
Recent news about TeraWatt Infrastructure
Questions about TeraWatt Infrastructure
How much has TeraWatt Infrastructure raised?
TeraWatt Infrastructure has raised $1.4B across 3 funding rounds since 2018.
Who are the investors of TeraWatt Infrastructure?
TeraWatt Infrastructure's investors include Vision Ridge Partners, Keyframe Capital, RBC Capital Markets, SMBC, UBS Investment Bank.
When was TeraWatt Infrastructure's last funding round?
TeraWatt Infrastructure's most recent round was a $100M Seed in August 2022, led by Keyframe Capital.
Where is TeraWatt Infrastructure headquartered?
TeraWatt Infrastructure is headquartered in San Francisco, United States, and was founded in 2018 by Neha Palmer, Benjamin Birnbaum, John Rapaport, Ethan Goldsmith.